Longed from(C) 9680 and shorted from (D) 8140. Thinking it will come down to complete the pattern.
Lets see how this Gann Fan plays out.
#Bitcoin #Formationtrading #XBTUSD #Bitmex
Possible way through the formation. Unclear how this will solve. But can trade a lot till this point.
Two Pattern Theories how Bitcoin could move through this formation. See a 50/50 chaance how this could end.
Lets see if the pattern will collapse or beeing solved bullish.
Acending top patterns E wave is missing. This could lead to collapse of the Formation down to 7200 -7400 area. But than pump again. This is just one theorie which could be reavtively traded.